Chrsyler may have reached deal with lenders to lower .9 Billion in secured debt to Billion

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Several news stories indicate that Chrysler may have reached a deal with its largest lenders to reduce the $6.9 Billion in debt Chrysler has to $2 billion and possibly avoid filing bankruptcy.

Links to News Stories on the Subject:

Bloomberg
CNN
New York Times

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Tags: business, Chrysler, bankruptcy